No longer on the market
This property is no longer on the market
MapProperty
Property
2592
Features and description
- Prime freehold commercial property
- Part vacant possession
- ERV of whole £108,000
- Good footfall location
- Development potential
- Attractive SW London postcode
Location:
The property occupies a prominent position within a prime retail pitch within the Clapham area. The property is also within a short walk away from the Clapham Junction Overground Station. Some of the nearby operators include TKMaxx, M&S Food, Waterstones Flying Tiger, Vodafone, and Holland & Barrett. The transport links are also excellent with numerous buses passing outside the property.
Description:
The subject property is a mid-terrace three storey commercial building which was formally trading as opticians. The accommodation is arranged over Basement, Ground and First floors. The property will be provided with vacant possession of the basement and ground floors whilst there’s a firm of lawyers the occupying the first floor. There is an emergency exit discharging to the rear service road and the exist serves both the ground & first floor tenants.
User:
Class E of the Town & Country Planning (Use Classes) (Amendment) (England) Regulations 2020.
EPC:
The property has an Energy Performance Certificate rating of B(46). A Copy of the EPC is available upon request.
Legal:
Each party to bear its own legal costs.
Accommodation Schedule:
The property offers the following (NIA) approximate dimensions:
Tenure:
Freehold, subject to the existing tenancy.
Tenancies:
Ground floor and basement are offered on a vacant possession basis, with an ERV of circa. £70,000 per annum exclusive.
First floor is currently occupied by way of an FRI lease granted 11th July 2014 at rent of £25,000 per annum exclusive and the lease will expire in July 2024. We believe the ERV for this unit is circa £38,000 per annum exclusive in the current market.
Terms:
Offers are invited in the region of £1,450,000 for our client’s Freehold interest.
VAT:
The property has been elected for VAT purposes and such will attract VAT at the prevailing rate upon the purchase price.
Local Council:
London Borough of Wandsworth.
AML:
In accordance with Anti-Money Laundering Regulations, we shall require additional information from the purchaser/tenants so that an online verification can be undertaken.
Viewing:
By appointment only via seller’s sole agent: Willmotts Chartered Surveyors.
Emily Bradshaw M:[use Contact Agent Button] E: [use Contact Agent Button]
Huseyin Zafer M:[use Contact Agent Button] E: [use Contact Agent Button]
Varol Zafer M:[use Contact Agent Button] E: [use Contact Agent Button]
Shahid Sadiq M:[use Contact Agent Button] E: [use Contact Agent Button]
The property occupies a prominent position within a prime retail pitch within the Clapham area. The property is also within a short walk away from the Clapham Junction Overground Station. Some of the nearby operators include TKMaxx, M&S Food, Waterstones Flying Tiger, Vodafone, and Holland & Barrett. The transport links are also excellent with numerous buses passing outside the property.
Description:
The subject property is a mid-terrace three storey commercial building which was formally trading as opticians. The accommodation is arranged over Basement, Ground and First floors. The property will be provided with vacant possession of the basement and ground floors whilst there’s a firm of lawyers the occupying the first floor. There is an emergency exit discharging to the rear service road and the exist serves both the ground & first floor tenants.
User:
Class E of the Town & Country Planning (Use Classes) (Amendment) (England) Regulations 2020.
EPC:
The property has an Energy Performance Certificate rating of B(46). A Copy of the EPC is available upon request.
Legal:
Each party to bear its own legal costs.
Accommodation Schedule:
The property offers the following (NIA) approximate dimensions:
Tenure:
Freehold, subject to the existing tenancy.
Tenancies:
Ground floor and basement are offered on a vacant possession basis, with an ERV of circa. £70,000 per annum exclusive.
First floor is currently occupied by way of an FRI lease granted 11th July 2014 at rent of £25,000 per annum exclusive and the lease will expire in July 2024. We believe the ERV for this unit is circa £38,000 per annum exclusive in the current market.
Terms:
Offers are invited in the region of £1,450,000 for our client’s Freehold interest.
VAT:
The property has been elected for VAT purposes and such will attract VAT at the prevailing rate upon the purchase price.
Local Council:
London Borough of Wandsworth.
AML:
In accordance with Anti-Money Laundering Regulations, we shall require additional information from the purchaser/tenants so that an online verification can be undertaken.
Viewing:
By appointment only via seller’s sole agent: Willmotts Chartered Surveyors.
Emily Bradshaw M:[use Contact Agent Button] E: [use Contact Agent Button]
Huseyin Zafer M:[use Contact Agent Button] E: [use Contact Agent Button]
Varol Zafer M:[use Contact Agent Button] E: [use Contact Agent Button]
Shahid Sadiq M:[use Contact Agent Button] E: [use Contact Agent Button]
Property information from this agent
About this agent
At Willmotts we pride ourselves in providing a first class service from start to finish. We have proven over 150 years of being an independent estate agent in West London that honesty and integrity is the key to success. That is why most of our business comes from in house clients and referrals. We are a member of the Guild of Professional Estate Agents, with over 750 offices nationwide and are the No.1 Independent Estate Agency Network so can give your property a huge amount of exposure. We are always looking to help and to go above and beyond to make sure our clients and customer get the service they deserve. We hope that by choosing Willmotts you will have chosen a property company that you want to deal with for the rest of your life. With very experienced and driven staff members, bespoke software, professional photographers, powerful marketing tools, high quality print advertising, subscriptions to all the major portals so we can show your property in the best light. We pride ourselves on being The Complete Property Service and will be able to help with whatever property needs you have. For a friendly chat about how Willmotts can help you or just to find about the market in your area please do not hesitate to contact us.